Wall Street Zen Downgrades HYNE (NASDAQ:HYNE) to Sell

HYNE (NASDAQ:HYNE) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings started coverage on shares of HYNE in a research report on Tuesday, March 3rd. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

HYNE Stock Up 4.2%

Shares of HYNE opened at $14.90 on Friday. HYNE has a fifty-two week low of $13.35 and a fifty-two week high of $14.90. The business has a 50-day moving average price of $14.41.

Hedge Funds Weigh In On HYNE

Large investors have recently made changes to their positions in the stock. Peapod Lane Capital LLC purchased a new position in shares of HYNE in the fourth quarter valued at $1,021,000. Harbor Advisors LLC bought a new position in HYNE in the 4th quarter worth about $217,000. Gamco Investors INC. ET AL bought a new position in HYNE in the 4th quarter worth about $932,000. Cerity Partners LLC purchased a new position in HYNE during the 4th quarter valued at about $455,000. Finally, HRT Financial LP purchased a new position in HYNE during the 4th quarter valued at about $205,000.

About HYNE

Hoyne Bancorp Inc focuses on operating as the bank holding company for Hoyne Savings Bank which provides various financial products and services. Hoyne Bancorp Inc is based in Chicago, Illinois.